FirmaIQ
Org.nr 833 208 632 2016 → 2017 Year-over-year analysis

AIT WORLDWIDE LOGISTICS NORWAY AS: årsregnskap 2017 vs 2016

Cash halved-plus

approved 2018-04-13; registry 2018-04-24; journal 2018 280710

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AIT WORLDWIDE LOGISTICS NORWAY AS. Revenue 87.64m NOK → 91.55m NOK (+4.5%). Net result +1.70m NOK → +1.69m NOK.

On the constructive side: revenue rose. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for AIT WORLDWIDE LOGISTICS NORWAY AS.

At a glance

Scorecard

Revenue
87.64m NOK 91.55m NOK
+4.5%
Net result
+1.70m NOK +1.69m NOK
-0.5%
Cash
4.48m NOK 716.9k NOK
-84.0%
Total assets
21.42m NOK 19.38m NOK
-9.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 87.64m NOK to 91.55m NOK (+4.5% YoY). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 4.48m NOK → 716.9k NOK (-84.0% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.48m NOK → 716.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 20.55m NOK → 21.40m NOK (23% → 23% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 53.18m NOK → 57.04m NOK (+7.3% YoY). Calculated